Monthly archive February, 2022

The euro lost ground against its major counterparts in the Asian session on Thursday amid escalating geopolitical concerns, as Russia invaded Ukraine and launched missile attacks on the cities of Kyiv and kharkiv, calling on Ukrainian soldiers to lay down Read More →

Hong Kong Financial Secretary Paul Chan on Wednesday unveiled an expansionary budget to relive people's hardship and support businesses so as to stabilize the economy. In his 2022-23 budget speech, Chan said counter-cyclical measures costing a total of over HK$170 Read More →

Reflecting a deterioration in consumer expectations, the Conference Board released a report on Tuesday showing a modest decrease in U.S. consumer confidence in the month of February. The Conference Board said its consumer confidence index dipped to 110.5 in February Read More →

The UK private sector expanded sharply in February due to the swift rebound in economic conditions after disruptions caused by the Omicron variant at the turn of the year, flash survey results from IHS Markit showed on Monday. The Chartered Read More →

Thailand's economy rebounded at a faster-than-expected pace in the fourth quarter, underpinned by foreign demand and government spending, the National Economic and Social Development Council said on Monday. Gross domestic product grew 1.9 percent on a yearly basis, reversing the Read More →

A report released by the Conference Board on Friday unexpectedly showed a pullback by its reading on leading U.S. economic indicators. The Conference Board said its leading economic index fell by 0.3 percent in January after climbing by a downwardly Read More →